Junior College

Business

For some, it is the coronation of a new Turkey. Erdogan, 64, says a powerful executive presidency is vital to drive economic growth, ensure security after a failed 2016 military coup and safeguard Turkey from war across its southern border in Syria and Iraq.

Coveney said nobody should be fooled into thinking both sides were close to a conclusion in the negotiations. The resignations have fostered a deep distrust among many eurosceptics in her party, undermining her position and casting doubt over the Brexit process.

The monthly Labor Department report also revised up figures for April and May, reporting that 37,000 more jobs were created in these months than previously estimated. For decades, the country had suffered from a shrinking labor force as many Americans, especially men, gave up on looking for jobs. The dollar extended losses against the euro and the yen after the employment report.

Beijing has retaliated in kind, placing new charges on goods to the same value. Mr Trump has already imposed tariffs on imported washing machines and solar panels, and started charging levies on the imports of steel and aluminium from the European Union , Mexico and Canada.

The contract added 20 cents on Tuesday, and there was no settlement Wednesday due to the US holiday. Brent crude LCOc1, the global benchmark, was down 76 cents at $76.63 a barrel by 1148 GMT. Trump has been complaining about OPEC at the same time that Washington is piling pressure on its European allies to stop buying Iranian oil. USA tariffs on $34 billion in Chinese imports took effect as a deadline passed on Friday and Beijing has vowed to respond immediately in kind, setting the two ...

Thursday, July 5, the Chinese company Hainan Airlines ( HNA) Group issued a statement which stressed that the sudden death of one of its founders will not affect the future development of HNA. The success of HNA can be attributed to the savviness of Mr Wang and Mr Chen but the future of this company might still, in part, depend on the government's policies.

Both the yuan and Chinese equity markets have been on edge ahead of July 6, when US tariffs on $34 billion worth of Chinese goods take effect. The dollar was down 0.15 percent against a basket of six major currencies at 94.528 ahead of the US Independence Day holiday on Wednesday, after notching up three consecutive months of gains.

Many caught in the initial line of fire - USA farmers absorbing tariffs on their exports to China, for instance - are fearful. China's commerce ministry said it lodged a new complaint with the World Trade Organization on Friday, July 6, over tariffs imposed by the United States , the official Xinhua news agency said.

One area that remains sluggish is wage growth, which grew 2.7% when compared with the same period past year. The job growth shows the labour market shrugging off worries about a slowdown triggered by trade fights or rising borrowing costs.

Faced with the return of USA sanctions, Iran is studying a revival of a plan to barter crude oil for goods, possibly resuming the scheme that it used to try to blunt the impact of the previous round of sanctions between 2012 and 2016. America wants to cut Iran's oil exports to zero by November. "On the bearish side both Saudi Arabia and Russian Federation are living up to their promise to increase output", said Tamas Varga of oil broker PVM.